NZD/USD Approaching Support, Prepare For A Bounce

NZD/USD is approaching its support at 0.6715 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.6770 (61.8% Fibonacci retracement).

Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.

NZD/USD is approaching its support where we expect to see a bounce.

Buy above 0.6715. Stop loss at 0.6682. Take profit at 0.6770.

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